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$399,999 (Pending)

611 N Park Avenue #210 Indianapolis, IN  46204

  • 2 Beds
  • 2 Baths
  • 1,230 sq. Ft

Property Description for 611 N Park Avenue #210 Indianapolis, IN 46204

Discover the epitome of luxury urban living in this renovated 2-bed, 2-bath loft condo nestled in the historic Real Silk Lofts building, just off Mass Ave in downtown Indianapolis. Step inside this stunning unit to find soaring 16 ft ceilings that amplify the sense of space and light. A patio with an expansive window offers breathtaking views of Mass Ave, inviting the outdoors in. The interior underwent a major renovation in 2020, featuring new luxury vinyl flooring, renovated bathrooms, upgraded lighting, fresh paint, and custom additions like black interior doors and a barn door. The kitchen boasts modern amenities such as floating shelves, new cabinetry, and a stylish faucet, while the living area showcases a new fireplace mantle and screen. The loft space features floor-to-ceiling built-in bookshelves, creating a cozy retreat within the unit. The loft bedroom was elegantly papered with removable peel-and-stick wallpaper in April 2023, adding a touch of sophistication and the flexibility to personalize your space. Recent upgrades include new electric receptacles, switch plates, washer/dryer, dishwasher, and water heater for added convenience. Blackout blinds in the master bedroom offer privacy, while a full-range TV mount in the living area enhances entertainment options. Real Silk Lofts is renowned as one of downtown Indianapolis's premier condo buildings, boasting a prime location and exclusive amenities. Residents enjoy access to a pool, whirlpool sauna, steam room, and gym included in the monthly HOA fee. The building is also designated as a non-smoking environment. The unit comes with a parking space in the secure underground parking garage and a guest Pass for the guest parking lot. Experience the perfect blend of historic charm and modern luxury at Real Silk Lofts. This meticulously maintained unit offers a unique opportunity to embrace downtown living at its finest. Schedule a showing today and elevate your lifestyle in this urban oasis.

Address:611 N Park Avenue Indianapolis IN 46204
Status:Pending
on site: 88 days
Price:$399,999
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,230
Year Built:1926
County: Marion
Township: Center NE
MLS #:21979482
Property Type:Condominium
Buyer Broker Compensation: 3%
Any compensation may only be paid to a licensed real estate broker.

Lot Features:Sidewalks, Street Lights, Trees-Small (Under 20 Ft)
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,230
Total Sq. Ft. :1,230

Loan Price
$2,574
Price And Interest $2,087/month
Property Tax $320/month
MTG INS $0/month
HOME INS $167/month
Price
$399,999
Down Payment %
0 %
Down Payment
$0
Property Taxes
$320/month
Home Owner Insurance
$2,004 / year
HOA Dues
$536 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Great Room 14x17 Main
Primary Bedroom 14x13 Main
Kitchen 13X10 Main
Dining Room 17X11 Main
Bedroom 2 17X14 Main
Sun Room 16x5 Main

Semi-Annual Property Tax:$1,917
Tax Year:2023
Other Disclosures:Sales Disclosure On File
Mandatory HOA Fee:$536
HOA Fee Paid:Monthly

Area: 4912 - Marion - Center Ne
Subdivision: Real Silk Lofts
Zip Code:46204

Total Sq. Ft.:1,230
Accessibility Feature:Hallway - 36 Inch Wide,Accessible Approach with Ramp,Accessible Entrance,Peep hole/door security
Interior Features:Attic Access, Breakfast Bar, Built In Book Shelves, Raised Ceiling(s), Hi-Speed Internet Availbl, Walk-in Closet(s), Window Metal
Interior Area(s):Bedroom Other on Main, Laundry in Unit
Eating Area(s):Dining Combo/Great Room
Appliances:Dishwasher, Dryer, Gas Water Heater, Laundry Connection in Unit, Microwave, Gas Oven, Refrigerator, Washer, Water Heater
Equipment:Intercom, Smoke Alarm
Exterior Features:Balcony
Exterior Type:Brick
Fireplace(s):Insert, Gas Log, Gas Starter, Great Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Gas Water Heater, Laundry Connection in Unit, Microwave, Gas Oven, Refrigerator, Washer, Water Heater
Total Rooms:6
Tom Stemlar, REALTOR®/Broker, F. C. Tucker Company
Tom Stemlar
Phone (317) 697-3455
Additional Phone (317) 686-0612
F.C. Tucker Company

Listing provided courtesy of Thomas Stemlar with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/26/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Indianapolis Market Report

109
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $20,825.47. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,194.02. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 68 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 2049 minutes ago.

At the moment we have 105 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $45,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2112.74 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.